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All Forum Posts by: Larry Moore

Larry Moore has started 16 posts and replied 159 times.

Post: Tax quote

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

Let's take it one step further and make the House and the Senate a revolving door, so that no one gets the bright idea that it is supposed to be a career.

Post: Rehab Pitfalls...coulda shoulda woulda

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

The biggest issue I have to remember, and remind my partner of when we rehab, is that we are not going to live in the house, and we only need to do and spend what is necessary to maximize our profit and to sell the house quickly. On our first rehab, I went back and forth on whether or not to replace all of the windows, which were in bad shape but still functional. I got quotes, and they would have cost about $6K installed, and would have raised the sale price from $80K to $86K to maintain my profit. I went with offering the lower sales point with as-is windows, and sold the house in a week. The buyer didn't have a problem with the windows and was more interested in getting the much lower price. Also, $80K was his price threshold, so he wouldn't have been a buyer at $86K. So my first big lesson was make the house look as nice as you can and repair or replace if needed, but it's more important to offer a great deal.

Post: Are expired ss listings worth it?

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

I would tend to think that an expired Short Sale listing would have been either unsuccessfully negotiated at a net price to the bank that no buyer would pay, had no offers at any price, or foreclosed on. Obviously none of those scenarios would make it a good prospect.

Post: If you can't convince them, call them stupid.

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

Sorry, Mike, but I think that Greed had several accomplices, two of them being Stupidity and Irresponsibility. I think Apathy was driving the get away car.

Post: If you can't convince them, call them stupid.

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

Maybe J Scott has a point:

An Obituary printed in the London Times - not a joke and makes you think!

Today we mourn the passing of a beloved old friend, Common Sense, who has been with us for many years.
No one knows for sure how old he was, since his birth records were long ago lost in bureaucratic red tape.

He will be remembered as having cultivated such valuable lessons as:
Knowing when to come in out of the rain;
Why the early bird gets the worm;
Life isn't always fair;
and maybe it was my fault.

Common Sense lived by simple, sound financial policies (don't spend more than you can earn) and reliable strategies (adults, not children, are in charge).
His health began to deteriorate rapidly when well-intentioned but
overbearing regulations were set in place:
Reports of a 6-year-old boy charged with sexual harassment for kissing a classmate;
Teens suspended from school for using mouthwash after lunch;
A teacher fired for reprimanding an unruly student, only worsened his condition.

Common Sense lost ground when parents attacked teachers for doing the job that they themselves had failed to do in disciplining their unruly children.

It declined even further when schools were required to get parental
consent to administer sunscreen or an Aspirin to a student; but could
not inform parents when a student became pregnant and wanted to have an abortion.

Common Sense lost the will to live as the churches became businesses; and criminals received better treatment than their victims.

Common Sense took a beating when you couldn't defend yourself from a burglar in your own home and the burglar could sue you for assault.

Common Sense finally gave up the will to live, after a woman failed to realize that a steaming cup of coffee was hot.
She spilled a little in her lap, and was promptly awarded a huge settlement.

Common Sense was preceded in death
by his parents, Truth and Trust;
by his wife, Discretion;
by his daughter, Responsibility and
by his son, Reason.

He is survived by his 4 stepbrothers:
I Know My Rights
I Want It Now
Someone Else Is To Blame
I am a Victim

Not many attended his funeral because so few realized he was gone.

Post: If you can't convince them, call them stupid.

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

I think with all news sources, if you take everything they say with a grain of salt, check multiple news sources and then flip a coin, you have a solid 50/50 shot at getting it right. That's the only statistic I'll hang my hat on.

Post: If you can't convince them, call them stupid.

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

I think that "everyone else" already thinks that they are.

Post: If you can't convince them, call them stupid.

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

Ali,

What does Bush's approval rating have to do with the subject of this thread? Who said I supported Bush? I agree that Bush's popularity was very low when he left office, so what?

As far as what the bill will or won't do, or the merits of HMOs, again, not the point of this thread. Something has to be done, I agree. With this bill, I strongly disagree. And if a politician of any party tells me that I am just not getting it, they can kiss my ***. That's the point.

Post: If you can't convince them, call them stupid.

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

Ali,

Civil disagreement is fine. I would never say that you just don't get it (implying that you are stupid) because you reached a different conclusion than I.

Also, I know that you did not claim that the 85% were all idiots; I was being facetious to make a point.

Regarding polls on support for the bill, not components of the bill, I have not seen a single poll that shows a majority support for what was passed. I have seen Democrats make that assertion on news shows, and when challenged to name one poll, have been unable to.

Regarding Obama's campaign promise to reform health care, first, I agree, that health care needs to be reformed, just not with this monstrosity of a bill. Second, health care reform is a very general concept and means different things to different people. My definition of health care reform would include Tort Reform; the Democrat's obviously didn't. To say that Obama was elected so that this specific Health Care Bill would be passed is a huge leap to showing majority support for it.

As an aside, it's funny how statistics lie when they don't support one's point of view.

Post: If you can't convince them, call them stupid.

Larry MoorePosted
  • Real Estate Investor
  • Belvidere, IL
  • Posts 169
  • Votes 65

Ali, I couldn't disagree with your premise more. Yes, there has been some misinformation coming from BOTH camps and most news sources, but to say that Americans, in general, are confused about the plan and that is why they are against it is disingenuous at best. I am strongly against this bill, now law, and my opinion is based on analysis of what is in the bill and how it will effect health insurance and health care. I also know that changes need to be made, but that is not the topic of this thread. The 5,000 that responded positively to the bill, were they just so super smart that they could see through the misinformation of Fox News and the Republicans and the Tea Party activists and anyone else who voiced any opposition to the bill? Is that why they got it "right"? I guess we should just through out the old majority rules concept and base our decisions on whether or not Fox News is for or against it. Obviously the majority of us are too stupid to form our own opinions (although, I must admit, some of us are).